Trump’s 50-year mortgage plan has had its fair share of public scrutiny. But despite most Americans rejecting the idea as a “time cage,” there is news circulating about a “15-year car loan.” Basically, it’s a lifetime payment plan for cars that break down before they’re fully paid off.
A viral post on X claiming that Donald Trump is planning 15-year car loans is spreading panic among Americans. The White House hasn’t confirmed anything. But given his 50-year mortgage idea, nobody’s ruling out the sequel. Fact-checkers quickly clarified that neither Trump nor anyone in his administration has announced a 15-year auto loan program. But satire works best when it feels plausible, and this one does, because it fits the pattern.
The rumor came from an AF Post X post spinning off the new 50-year mortgage plan by HUD’s Bill Pulte. The mortgage idea has already been dubbed “homeownership until death.” But this car loan idea is even more bizarre. The 50-year mortgage seemed solid on paper. It advertised smaller monthly payments, but the catch was twice the lifetime debt. So when social media imagined him extending that logic to cars, people didn’t laugh out of disbelief. They laughed because it sounded like the next press release.
“Trump is working on a car loan that will follow you into the afterlife,” one user wrote. Another said, “So, I bought a 2026 model car. The year is 2040, and I’m still paying on it? And what, it now has 455,000 miles on it.” The sarcasm doubled as economic truth. The average new vehicle today lasts around 12 years before repairs outweigh value. People also reiterated how nobody will be “crazy” about making a new car payment on a 10-year-old car.
Even fact-checkers who dismissed the rumor agreed on the absurdity of the idea if it were to materialize. Record car prices, 7 percent interest rates, and rising insurance premiums are already crushing Americans. If a 15-year car loan is introduced, they’ll end up with eternal debt. Lenders have quietly crept from 60 to 72 to 84-month terms. Stretching to 180 months would just be debt slavery.
But despite the idea being a satire, people believe their government’s next big idea might genuinely be pay forever and drive for 12 years. With wages stagnant and prices climbing, Trump has perfected marketing America’s loan addiction. A 15-year car loan, official or not, is the same illusion of affordability he tried to sell with the 50-year mortgage. Stretch the term, shrink the payment, and pretend the math isn’t devouring the middle class.
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